Current & Local Real Estate Market Conditions

 

Housing Outlook 2011

Reports show that our nations slow economic growth and high unemployment rate is fueling America’s foreclosures and low home values. The brunt of the foreclosure effect will continue to plague the locations that experienced the greatest inflated markets during the good years. Moody’s Analytics chief economist Mark Zandi believes the job market will begin to […]

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Intel's Expansion in Hillsboro Will Prove a Boost for Yamhill County Real Estate

Intel’s decision to invest in Hillsboro, Oregon is an amazing and timely announcement. I am encouraged by the Intel decision to dramatically expand as an example of initial optimism of business. The Oregonian reports that Intel’s massive $6 billion to $8 billion expansion and renovation of its Oregon and Arizona manufacturing operation promises to employ thousands […]

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Are Short Sale & Bank Owned Properties Selling in Oregon?

Terms like “short sales” and “bank-owned” are on many people’s tongues and minds in the real estate industry. Let’s take a look s to look at what the data reveals about how these types of properties have been selling lately. (Info obtained from RMLS total active listings as of July 23, 2010. View Coverage Area for […]

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